1115 12th St · Greeley, CO 80631

$452,000

6 bd · 3.0 ba · 2,494 sqft · MultiFamily public records · 109 Days on market

Built 1930 9,583 sqft lot Est $421k · 7% over

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.2/30.0
• DSCR +5.0/10.0
• ARV discount +4.2/15.0
• 1% rule +3.4/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks MLS

Wonderful Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$100/month. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. New gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

Key facts

• Alley access
• Exterior access
• Close to unc campus

Tags

• EXTERIOR ACCESS
• RENTED GARAGES
• ROOF REPLACED
• CLOSE TO UNC CAMPUS
• ALLEY ACCESS
• ENCLOSED BACKYARD

Property features AI

Finance

• Other: Zoning: R2; Lot area approximately 0.22 acres; Road maintenance governed by a road maintenance agreement; Below-grade unfinished area present
• Financial info: Gross income reported: $49,650; Operating expenses reported: $4,000; Tenants are responsible for electricity and gas

Exterior

• Parking: Four parking spaces; Four garage spaces; Concrete parking/drive surface
• Utilities: Public water; Septic sewer; Electricity connected (110V)
• Home design: Residential income property (triplex); Updated/remodeled condition; Two levels; Property is unattached; Individual ownership
• Construction: Constructed with block, concrete, and frame materials
• Exterior features: Deck; Partial fencing; Shingle roof

Interior

• Kitchen: Stoves provided in units (total of 4 stoves across units); Refrigerators provided in units (total of 3 refrigerators across units)
• Bedrooms: Six total bedrooms across units (1-bedroom, 2-bedroom, and 3-bedroom units)
• Bathrooms: Three total bathrooms
• Heating & cooling: Forced air heating; Cooling: Other
• Interior features: Unfinished basement; Exterior access entry
• Laundry & utility: Tenant pays electricity and gas

What this means for you Summary

Snapshot

• This is a 3 × 2-bed/1.0-bath units multifamily listed at $452k.

Deal economics

• At list price, monthly cash flow is $238 ($3k/yr) — positive. Per door: $79/mo.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $381k (15.6% below list).
• Recommended offer: $381k (15.6% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 3.3% in Greeley — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#115 in CO) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A; Watch: cost of living C-, crime F, amenities F.
• Greeleyschool District No. 6 In The County Of Weld And Sta (urban): math 15% / reading 31% proficiency, ranked #71 of 86 in CO (top 83%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Maplewood Elementary School (math 8% / reading 17%, grade F, #869 of 966 statewide, top 91%, 559 students, 91% FRL); Heath Middle School (math 5% / reading 17%, grade F, #242 of 270 statewide, top 90%, 663 students, 86% FRL); Greeley Central High School (math 14% / reading 36%, grade F, #263 of 381 statewide, top 69%, 1,484 students, 64% FRL) — zoned schools average 81% FRL vs 54% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.7%/yr); 180 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 3,170 units permitted in Weld County in 2024 (278 in 5+ unit buildings).
• At $3,813/mo this rent would consume 84% of the median local household income ($55k/yr) (locally 3061% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k of value loss. Plan a longer hold.
• Weld County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($411k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $381,300 (15.6% below list)

Questions for the listing agent

1. It's been on market 109 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.84% ✗
• Cap rate: 6.93%
• Cash-on-cash: 2.26%
• DSCR: 1.10
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $421,486
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1432 11th St	0.33mi	5/2.0 (-1)	2,490 (-0%)	8mo	$300,000	$120	69
1535 11th St Unit A	0.44mi	6/2.0	2,328 (-7%)	7mo	$406,000	$174	59
1412 6th St Unit 1-3	0.56mi	6/3.0	2,400 (-4%)	13mo	$404,500	$169	57
1436 11th St	0.34mi	6/2.0	2,180 (-13%)	8mo	$250,000	$115	52
1440 10th St	0.39mi	7/3.0 (+1)	2,160 (-13%)	4mo	$350,000	$162	52
923-925 19th Ave	0.69mi	6/2.0	2,282 (-8%)	1mo	$440,000	$193	49
316 11th Ave	0.73mi	7/3.0 (+1)	2,174 (-13%)	6mo	$237,000	$109	34
1422 7th Ave	0.52mi	5/3.0 (-1)	2,176 (-13%)	21mo	$430,000	$198	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -15.8%
• Equity multiple: 0.45×
• Total profit: $-69,395
• Equity at exit: $67,395

10-year hold

• IRR: -13.0%
• Equity multiple: 0.33×
• Total profit: $-84,706
• Equity at exit: $39,081

Cash invested: $126,560 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 80631

• Rents YoY: -0.7%
• Active inventory: 180
• Price-to-rent: 29.6×

Monthly cashflow live

• Estimated rent: $3,813 high
• Mortgage (P&I): −$2,370
• Tax from tax record: −$215 /mo · $2,583/yr
• Insurance: −$188
• HOA: −$0
• Vacancy / Maint / Mgmt: −$801
• Net cashflow: $238

Break-even live

Break-even rent $3,511

Max offer price $452,000

Occupancy floor 89%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	2	1	$3,813
Total (3 units)			$3,813

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $113,000
• Closing costs: $13,560
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1121 15th St Greeley, CO	6.0	2.0	2498	$3,390	$1.36	23d	1	0.28mi
1528 9th Ave Greeley, CO	7.0	3.0	2484	$750	$0.30	23d	1	0.45mi
1614 8th Ave Greeley, CO	6.0	3.0	2615	$3,150	$1.20	13d	1	0.58mi
1729 11th Ave Greeley, CO	6.0	2.0	2025	$3,600	$1.78	13d	1	0.59mi
1600 7th Ave Greeley, CO	5.0	2.0	1720	$2,725	$1.58	23d	1	0.62mi
1022 Cranford Pl Greeley, CO	6.0	3.0	2420	$3,045	$1.26	23d	1	0.73mi
1735 6th Ave Greeley, CO	5.0	3.0	1760	$695	$0.39	13d	1	0.82mi
1031 20th St Greeley, CO	3.0–6.0	1.0–3.0	2309	$3,300	$1.43	23d	2	0.94mi
2001 9th Ave Greeley, CO	7.0	2.5	2840	$3,815	$1.34	23d	1	0.99mi
816 20th St Greeley, CO	5.0	2.5	2310	$2,875	$1.24	23d	1	1.01mi

Listing history 37 events

1. 2026-06-18
   days on market $452,000 Active 109 DOM
2. 2026-06-17
   pricedays on market $452,000 Active 108 DOM
3. 2026-06-16
   days on market $456,900 Active 107 DOM
4. 2026-06-15
   days on market $456,900 Active 106 DOM
5. 2026-06-14
   days on market $456,900 Active 104 DOM
6. 2026-06-10
   days on market $456,900 Active 101 DOM
7. 2026-06-09
   days on market $456,900 Active 100 DOM
8. 2026-06-08
   days on market $456,900 Active 99 DOM
9. 2026-06-07
   days on market $456,900 Active 98 DOM
10. 2026-06-03
    days on market $456,900 Active 94 DOM
11. 2026-06-02
    days on market $456,900 Active 93 DOM
12. 2026-06-01
    days on market $456,900 Active 92 DOM
13. 2026-05-31
    days on market $456,900 Active 91 DOM
14. 2026-05-30
    days on market $456,900 Active 90 DOM
15. 2026-05-06
    price $459,900 1296-char remark

    Show marketing remark (1296 chars)

    Wonderful Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$100/month. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. New gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

16. 2026-05-06
    price $459,900 1296-char remark

    Show marketing remark (1296 chars)

    Wonderful Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$100/month. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. New gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

17. 2026-04-29
    price $464,500 1296-char remark

    Show marketing remark (1296 chars)

    Wonderful Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$100/month. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. New gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

18. 2026-04-29
    price $464,500 1296-char remark

    Show marketing remark (1296 chars)

    Wonderful Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$100/month. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. New gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

19. 2026-03-01
    listed $470,000 Active 1296-char remark

    Show marketing remark (1296 chars)

    Wonderful Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$100/month. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. New gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

20. 2026-03-01
    listed $470,000 Active 1296-char remark

    Show marketing remark (1296 chars)

    Wonderful Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$100/month. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. New gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

21. 2024-02-21
    soldstatus $439,000
22. 2024-02-16
    soldstatus $439,000 Sold 1511-char remark

    Show marketing remark (1511 chars)

    Price reduced by $10,000. Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$50-65/month. Exterior was freshly painted August 2023. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. Newer gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with a newer toilet and a newer vanity. Sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. Total rents =$3465 is projected. One unit will be available on 11/1/23, and is currently rented under market. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

23. 2024-01-13
    status Pending 1511-char remark

    Show marketing remark (1511 chars)

    Price reduced by $10,000. Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$50-65/month. Exterior was freshly painted August 2023. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. Newer gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with a newer toilet and a newer vanity. Sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. Total rents =$3465 is projected. One unit will be available on 11/1/23, and is currently rented under market. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

24. 2023-12-14
    price $449,000 1511-char remark

    Show marketing remark (1511 chars)

    Price reduced by $10,000. Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$50-65/month. Exterior was freshly painted August 2023. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. Newer gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with a newer toilet and a newer vanity. Sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. Total rents =$3465 is projected. One unit will be available on 11/1/23, and is currently rented under market. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

25. 2023-11-09
    price $459,000 1511-char remark

    Show marketing remark (1511 chars)

    Price reduced by $10,000. Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$50-65/month. Exterior was freshly painted August 2023. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. Newer gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with a newer toilet and a newer vanity. Sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. Total rents =$3465 is projected. One unit will be available on 11/1/23, and is currently rented under market. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

26. 2023-10-18
    listed $469,000 Active 1511-char remark

    Show marketing remark (1511 chars)

    Price reduced by $10,000. Income opportunity with this 3 unit property! All units are currently leased. Each unit has their own exterior access. Four car garages are separately rented @$50-65/month. Exterior was freshly painted August 2023. Roof was replaced in 2021. Close to UNC campus and downtown Greeley. Alley access for rented garages and enclosed backyard for tenants. Unit 1 - One bedroom, 3/4 bathroom located on the main floor. Newer gas stove. Heat source is a gas wall unit. Unit 2 - Upper level 2 bedroom, 3/4 bathroom with a newer toilet and a newer vanity. Sizable eat in kitchen with plenty of natural light. Heat source is forced air, furnace located in the attic. Unit 3 - Large 3 bedroom 1 bathroom, located on the main floor, fresh interior paint in the summer of 2023. Primary bedroom is spacious enough for a sleeping area and a sitting area. Kitchen has a new refrigerator and features a spacious pantry. Dishwasher is portable. Heat source is a wall gas unit, and bedrooms have baseboard heating. Carpet in living room and bedrooms. Total rents =$3465 is projected. One unit will be available on 11/1/23, and is currently rented under market. All information deemed reliable but not guaranteed. Buyer to verify all information including zoning, use, potential use, restrictions, square footage and all inspections and due diligence. Also for sale in a separate listing is another multi-unit property with 4 units at 1315 11th Ave Greeley (and the parcel behind it) for $499,000.

27. 2022-12-02
    historical
28. 2022-11-16
    listed $469,900 Active
29. 2015-10-01
    soldstatus $195,000
30. 2015-09-30
    soldstatus $195,000 Sold
31. 2015-08-30
    listed Active - Backup
32. 2005-02-01
    soldstatus $115,000
33. 2005-01-31
    soldstatus $115,000
34. 2004-11-05
    listed $139,900
35. 2004-08-18
    historical
36. 2004-02-18
    listed $160,000
37. 1995-05-19
    soldstatus $118,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $2,583 · $215/mo
• Projected year-2 tax: $2,583 · $215/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥94°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $45,756
• − Mortgage interest: −$25,319
• − Property taxes: −$2,583
• − Insurance: −$2,260
• − Repairs & maintenance: −$3,660
• − Management: −$3,660
• − Depreciation: −$13,149
• Taxable loss: −$4,876
• Est. tax savings @ 24.0%: +$1,170
• After-tax cash flow: $4,030/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Greeleyschool District No. 6 In The County Of Weld And Sta
• NCES district ID: 0804410
• Math proficiency: 15% ▼ -7.00%
• Reading proficiency: 31% ▼ -4.00%
• Median HH income: $46,417
• Composite: 19.99/100
• National rank: #8667
• State rank: #71 of 86 in CO

Livability — Greeley

• Score: 68/100
• State rank: #115
• US rank: #9841

Category grades

Amenities F Commute A+ Cost of living C- Crime F Employment C Housing A+ Health & safety A User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greeley, CO
• County: Weld County · 332,652 people
• City population: 119,344
• Metro: Greeley, CO
• Population (ZIP): 53,722
• Household income: $54,591
• Rent vs Own: 53.3% rent · 46.7% own
• Severe rent burden: 3061.0

Population outlook (Weld County) Hauer SSP2

• Today (2025): 351,957 people
• By 2030: 385,304 · +9.5%
• By 2040: 451,818 · +28.4%
• By 2050: 514,478 · +46.2%
• By 2075: 648,733 · +84.3%
• By 2100: 720,400 · +104.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: Hispanic / Latino 54% White 39% Two or more races 15% Black 3% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 45%
• Common ancestry: Italian 2% Slovak 2% Portuguese 2%
• Foreign-born: 19% · Canada, Philippines
• Languages at home: 65% English-only · Spanish 33%

Political lean MEDSL · Weld

• 2024 margin: Strong R (+21.0) · D 38.2% · R 59.2% · Other 2.6%
• 2008→2024 swing: -12.2pp toward R · 2008: -8.7pp · 2024: -21.0pp
• All cycles: 2024: R+21.0 2020: R+18.0 2016: R+22.4 2012: R+13.2 2008: R+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -329.59%
• Current HPI: 295.4309
• Rent YoY: ▼ -0.65%
• Metro: Greeley, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

+289.7% since first listed

23 events — show timeline

• 2026-05-06 Price Changed $459,900 IRES
• 2026-05-06 Price Changed $459,900 REColorado as Distributed by MLS Grid
• 2026-04-29 Price Changed $464,500 IRES
• 2026-04-29 Price Changed $464,500 REColorado as Distributed by MLS Grid
• 2026-03-01 Listed $470,000 REColorado as Distributed by MLS Grid
• 2026-03-01 Listed $470,000 IRES
• 2024-02-21 Sold (Public Records) $439,000 Public Records
• 2024-02-16 Sold (MLS) $439,000 IRES
• 2024-01-13 Pending — IRES
• 2023-12-14 Price Changed $449,000 IRES
• 2023-11-09 Price Changed $459,000 IRES
• 2023-10-18 Listed $469,000 IRES
• 2022-12-02 Listing Removed — IRES
• 2022-11-16 Listed $469,900 IRES
• 2015-10-01 Sold (Public Records) $195,000 Public Records
• 2015-09-30 Sold (MLS) $195,000 IRES
• 2015-08-30 Listed — IRES
• 2005-02-01 Sold (Public Records) $115,000 Public Records
• 2005-01-31 Sold (MLS) $115,000 IRES
• 2004-11-05 Listed $139,900 IRES
• 2004-08-18 Listing Removed — IRES
• 2004-02-18 Listed $160,000 IRES
• 1995-05-19 Sold (Public Records) $118,000 Public Records

Property tax history

+11.9%/yr

Latest (2025): $2,583 · +5.1% YoY. Source: county tax records.